Internet Based Businesses are Creating More Millionaires Now than Anytime in HistoryWealth Accumulation and Internet Based Businesses This may be just the time for YOU to consider pursuing those internet based businesses that you've had or that you've heard others talk about. Now you can! A recent Survey of Consumer Finances conducted by the Federal Reserve Board revealed these statistics about the state of America’s finances. Do any of these facts hit home with you? * The typical American family earns about $45,000 per year. From 2001 to 2004, family debt increased 33% (adjusted for inflation). Surprisingly little of this debt stems from unnecessary spending. Instead, credit is being used to pay for necessities like housing, household expenses and health care, particularly in low- and middle-income families. * Average net worth, which grew rapidly during the boom of the 1990s, rose only 1.5% between 2001 and 2004 for the average American family. In other words, for most of us, the worth of our investments is not keeping up with the inflation rate. * The middle class is being squeezed more tightly than ever. Among the wealthiest 10% of Americans, net worth rose to $831,600, or a 6.5% increase from 2001. Meanwhile, the net worth of those in the bottom 25% fell 1.5% to $13,300. * More than a third -- 36% -- of those who owe more than $10,000 on their cards have household incomes under $50,000. 13% who owe that much have household incomes under $30,000. The percentage of disposable income used to pay debts is near record highs. The report doesn’t point out these more unsettling statistics: * In February, 2007, the US Commerce Department reported that the personal savings rate for 2006 was a negative 1%. The rate for 2004 was a negative .4%. For comparison, in the midst of the Depression in 1933, the PSR was -1.5%. If 2007 figures show a decrease similar to those of 2006, we’ll have a worse record than during the Depression. (Source: Associated Press) * “The US is becoming less of a meritocracy, where skill and intelligence determine success, and becoming more of a class-bound society, where economic background, including the better education money can provide, matters more. There are still many rags-to-riches stories. But there's stagnation in the underclass.” (Source: Christian Science Monitor) * According to a new Federal Reserve data-based economic analysis commissioned by the Consumer Federation of America, “...more than half of American households (56 percent) are behind where they should be in saving for a comfortable retirement.” A related CFA public opinion survey found that 59% of Americans do not expect to maintain their current standard of living in retirement. Does this sound like a nation of people who believe in and are profiting from their online business ideas—or simply a nation of people who want to live the Dream lifestyle without really being able to find a way to finance it? In fact, we have to ask... Is the American Dream still alive and achievable? Yes, very much so, by applying business building principles with online business ideas the sky is the limit! Defining the Dream The immensely popular 19th-century author Horatio Alger is largely credited with defining the American Dream as well as the means to achieve it. His books told the rags-to-riches stories of people who succeeded because of the opportunities they had in the Greatest Nation on earth. It didn’t matter who they were. No matter how hopeless their situations seemed, his characters found wealth and success through determination and hard work—and of course, because they believed in the American Dream. Today, of course, these dreams are even closer by combining your diligence with internet based businesses you can reach a whole new world - the online world The Dream Today We believe the American Dream is alive and well. The 21st century continues to offer incredible opportunities. Escalating wealth is mostly a matter of finding the right opportunities - the right internet based businesses and opportunities, AND having the determination and guts to follow them through. The materials and methods for accumulation of wealth have changed, but the opportunities are actually greater today than at any other time. One simply needs to learn about the new materials and methods!
Commit Yourself to Follow Through on Your Online Business Ideas
Don't let someone else decide your future for you. Take the first step today toward assuring a secure financial future for you and your family. And don’t wait until it’s too late. Today is the time to get started with your own internet based businesses creating extraordinary opportunities that have already changed the lives of so many, freeing them of fear and worry and showing them that they can live lifestyles they thought were meant only for others. When you accumulate wealth, you generate a steady residual income that pays you every day. Are you ready to discover how you can begin to build that kind of income-producing resource by considering your own internet based businesses? Then you’ve come to the right place.
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